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Home»Security»DeFi, AI, Gaming, and RWA Projects Flock to Boba LiftOFF Accelerator to Build a Better Web3
Security

DeFi, AI, Gaming, and RWA Projects Flock to Boba LiftOFF Accelerator to Build a Better Web3

August 20, 2024No Comments4 Mins Read
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Boba Network, a Layer 2 multichain scaling solution built on optimism, is excited to announce that since its launch, the Boba LiftOFF Accelerator has garnered significant attention within the blockchain community, quickly establishing Boba Network as a leading innovator in the Web3 space. The program, designed to support and scale projects focused on real-world assets (RWA), AI, DeFi, and Web3 gaming with over $1 million in grants, has already seen a flood of applications and partnerships looking to shape the future of decentralized applications (DApps).

The Boba LiftOFF Accelerator received 150 applications from around the world, each bringing unique and innovative ideas that differentiate them from the traditional DApps that currently dominate the blockchain ecosystem. This surge of interest highlights the program’s role in attracting top talent and projects eager to leverage Boba Network’s scalable and cost-effective infrastructure.

Launched in partnership with Brinc, a global leader in accelerating venture capital and corporate innovation, the accelerator program has established over 25 key partnerships with major players in the Web3 ecosystem, including Animoca Brands, Bixin Ventures, Ceras, Cointelegraph, DMCC, Enjinstarter, Enya Labs, Gate.io, Genesis Capital, Ghaf Capital Partners, Gotbit, Mulana Capital and The Crypto Times.

The Boba LiftOFF Accelerator is designed to discover and support the best Web3 startups advancing RWA, AI, DeFi, and gaming projects. Successful applicants will benefit from milestone-based funding, comprehensive technical support, and strategic business development resources.

The program brings together leading advisors from the Web3 ecosystem, including Nitin Gupta of Habit Network, Joyce Chin of Animoca Brands, Zaher El Orm of DMCC, and Sidd Ghandi of GrowX Ventures. In addition, participants will receive lifetime access to the network, ongoing support, and broad exposure through Boba and Brinc’s global communities and social channels.

As more and more projects prepare to launch on the Boba Network, the excitement and anticipation within the community is palpable. Developers and builders who want to be a part of this revolutionary movement are encouraged to apply and be part of the future of Web3 innovation.

For more information on the application process and eligibility criteria, please visit the accelerator page.

About Boba

Boba Network is an optimism-based layer-2 multichain scaling solution that aims to unleash the potential of roll-up technology and enable more flexible blockchain communication. The protocol is fully compatible with EVM-based tools and has already rolled out multichain support for Ethereum and BNB, supporting lightning-fast transactions and fees that are 40x to 100x lower than the respective layer-1. Boba Network is powered by HybridCompute™ technology that brings the power of Web2 on-chain, with smarter smart contracts that allow visionary developers to leverage off-chain computation and real-world data to build hybrid dapps that connect people to the future of blockchain applications.

Learn more: https://boba.network/

About Brinc

Headquartered in Hong Kong, Brinc is a global leader in business acceleration and runs 10 multidisciplinary acceleration programs across seven countries. Brinc accelerates startups focused on climate tech, CDR, food tech, blockchain, artificial intelligence, Web3, connected hardware, robotics, and the Internet of Things (IoT) to create a more sustainable, equitable, and inclusive future.

Brinc also supports companies with distributed innovation strategies, researching new startups and technologies, and Web3-enabled venture creation companies. Global enterprises (Manulife, Huawei, Schneider Electric, Puma, Batelco, Merck, Omantel, Linrun Group, Zhihui Park), government organizations (Hong Kong Science Park, NEOM, MBRIF, Guangdong Soft-tech Park), higher education institutions (HK City University, National University of Singapore), fast-growing companies (Animoca Brands), and leading venture capital funds (Artesian, LeverVC, Tamkeen, EDB) have all run programs with Brinc. In 2021, Brinc announced a series of venture funds to invest in high-potential early-stage companies through accelerators and provide LPs with a dedicated innovation platform and access to Series A+ co-investment opportunities.

Learn more: www.brinc.io

Disclaimer: The information provided in this press release is not a solicitation for investment and does not constitute investment advice, financial advice, or trading advice. Cryptocurrency mining can be risky. There is a risk of loss of funds. It is strongly recommended that you conduct your own due diligence, including consulting a professional financial advisor, before investing in or trading cryptocurrencies and securities.

Yasin Aboudaoud
(protected email)

Gian Kim
(protected email)



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